Reminder - First Federal Of Northern Michigan Bancorp (FFNM) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 10/29/13, First Federal of Northern Michigan Bancorp Inc ( FFNM) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 11/15/13. As a percentage of FFNM's recent stock price of $4.64, this dividend works out to approximately 0.43%.

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Below is a dividend history chart for FFNM, showing historical dividends prior to the most recent $0.02 declared by First Federal of Northern Michigan Bancorp Inc:

FFNM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FFNM is likely to continue, and whether the current estimated yield of 1.72% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FFNM shares, versus its 200 day moving average:

First Federal of Northern Michigan Bancorp Inc 200 Day Moving Average Chart

Looking at the chart above, FFNM's low point in its 52 week range is $3.40 per share, with $5.00 as the 52 week high point — that compares with a last trade of $4.64.

In Friday trading, First Federal of Northern Michigan Bancorp Inc shares are currently trading flat on the day.
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